This is a good piece from Bloomberg on the Bank of Japan

I had meant to post it earlier in this week but it managed to slip by, so as an ICYMI here it is now

  • The Bank of Japan's most significant policy changes to its massive monetary stimulus in two years … BOJ Governor Haruhiko Kuroda said the central bank would permit the benchmark 10-year yield to trade a bit more widely, and pledged to keep rates at extremely low levels for an "extended period."
  • Economists disagreed on whether the BOJ had enhanced its stimulus or taken a tiny step toward unwinding it. As central banks in the U.S. and Europe move away from crisis-era policies, investors are asking how long the BOJ can continue with its own stimulus program, and how high yields could go in the meantime.

(bolding is mine)

Check out the link here for the 7 questions Bloomberg pose. Useful background.